I hope everyone has their backup plan ready. Don't believe the rhetoric that this year is different. The business declining in revenue and Chuck needs to give the markets something so they know their dividend yield isn't going to fail, as that is all the Cisco stock is worth nowadays. Don't think investor buy it because they think Chuck is going to turn the tide around, it is an easy, reliable income stock with a CEO who will do anything to please the markets, even if that results in declining revenue.
Anyone at Cisco will know that none of these acquisitions will make the difference needed and the tech will just end up getting lost in the vastness of Cisco's offerings. The saving grace is that there is a huge legacy client base who still know and use Cisco and will do for a long time. However if you look at the fastest growing businesses from the digital era such as Uber, NetFlix, Google, Facebook etc none of them use Cisco in the same way. As these business take markets the old Cisco guard will die out. In addition competitors like Arista nod juniper are growing fast. Juniper just hired Google's CTO for networks, so just imagine what's going to come from that.
In summary, we're all working for a slowly dying giant. Don't believe their won't be large cuts, because Cisco can't sustain the business it has in the current market. Always have a plan B at the end of any quarter.